Correction of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 4.2315 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the resistance level at 4.615000000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | 4.964000000 |
Next High | 4.615000000 |
Current Price | 4.078000000 |
Next Low | 3.848000000 |
2nd Low | |
3rd Low |